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Greenwashing is very real and many companies are doing too little, too slowly. CEO Ray Andersen in 1994 set his sights on making his business environmentally sustainable: in 2010 the company produced its first 100%-recycled nylon carpet, by 2021 it reached zero emissions. Other companies are exploring a ‘regenerative economy’.
In Senegal, the government, via the Senegalese Agency for Reforestation, has partnered with local farmers practising regenerative agriculture. Wall of greenwash? South Sudan’s work is to be funded by the Global Climate Fund, a separate climate fund established in Seoul in 2010, at an estimated cost of under US$5 million.
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